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Realtors have started developing more affordable homes instead of focusing on the premium segment. This is evident given the fact that the inventory of affordable housing units below Rs 40 lakh across all top Indian cities is more than half of the overall new supply. As per report, 52% of the newly-launched affordable units have…

Dubai developer Emaar Properties will be “reorganising” its India unit Emaar MGF Land Limited via a demerger from the 11-year-old joint venture, the company announced on Wednesday. “In order to lend greater focus on its Indian operations and for the purpose of developing the potential for further growth and expansion of the business, Emaar Properties…

Jaipur : Pink City is now a step closer to being a smart city, with the Centre releasing Rs 186 crore allocated to it under the Smart City Mission. The amount assigned for Udaipur under the scheme (Rs 159.20 crore) has also been released. It was in January this year that the central government set…